About your Search

20121129
20121129
SHOW
Cavuto 2
( more )
STATION
MSNBCW 18
CNNW 14
KPIX (CBS) 11
FBC 9
CNBC 5
KTVU (FOX) 5
CSPAN 4
KGO (ABC) 4
CSPAN2 3
KNTV (NBC) 3
KRON (MyNetworkTV) 3
KICU 2
KQED (PBS) 2
COM 1
( more )
LANGUAGE
English 109
Search Results 0 to 49 of about 109 (some duplicates have been removed)
to be optimistic. neither taxes nor spending nor entitlements were solved today. in fact, president obama never even mentioned the word spending. the one thing we do know, your taxes are going up from an obama care tax attack. no matter what happens on the fiscal cliff. and is another bailout nation on the way? student loans up to $1 trillion, huge delinquency rates, default rates going sky high, no credit standards and sky high tuition. sound likes a real bad story to me. ceos have just wrapped up their meeting with president obama about the fiscal cliff and minutes ago john harwood landed a big fish. goldman sachs ceo lloyd blank finefein. >> the highlight of the meeting was the intensity from which the white house emphasized that marge al rates as a matter of math and politics have to go up somewhat, if not all the way to 31.6 had to go up and as p he said as a necessary ingredient of a deal, he would support such a rate. >> the president said we would pursue our own interests. i'm not -- i'm certainly not insisting, i don't even desire higher rates. i think there lab drag if revenue goes up
within the republican party, and once that 113th convenes the president can institute obama tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there when it comes to talking about entitlements, or earned benefits as progressives like to refer to it, what is the way that the president and those on the left can look and also appear to the right to be willing to compromise? what can they put on the table, if anything? >> well, i just don't think that any of us think that it is a reasonable idea to over the course of the next week and a half, over the course of the holiday season, for the president and this congress, which is a lame duck congress, to engage
take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is "hardball," the place for politics. >>> how's this for irony? mitt romney has finally captured 47% of america. remember this video that sunk the romney campaign? >> there are 47% of the people who will vote for the president no matter what. 47% who are with him, who are dependent upon government, who believe they are victims, who believe the government has a responsibility to care for them. >> well, the cook report points out romney shared a popular vote of this country has fallen to, you guessed it, 47.4%. as expected to fall further, and settle at the 47 mark, exactly. we'll be right back. [ woman ] . progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your wo
sponsorship rights for my2k, they often see paid messages opposing the obama tax hikes. they run the gamut. some talk about the sudden switch to now playing up keeping tax cuts for everyone else. others make fun of my2k origins. a few samples. obama irony, same people who claimed bush tax cuts are only for the rich now argue to keep them because they help the poor. and there is this one. my2k should really be somebody else's two k. they can government not to take their money and say take it from someone else. and then there is this one, y2k was caught by programmers failing to limit code 24 places. speed was caused by americans failing to limit obama to four years. back to you. melissa: thank you so much, thanks they want to tweet hash tag bad ideas. thank you, dennis. lori: what is going on? melissa: you haven't been shopping. lori: luxury jeweler not looking very pretty today. the trade at the nyse coming ahead. melissa: is andrew mason the right person to run it groupon? meeting on the troubled company's future. having you ship my gifts couldn't be easier. well, having a ton of location
obama's position means that taxes are going you up one way or another. congressman cole as you heard, they believe they should give this one to the president not because they want to, but because they have to. republican leaders though, they disagree. >> i told tom earlier in our conference meeting that i disagreed with him. it will hurt our economy, that is why this is not the right approach. >> you can agree or disagree with that position. however, keeping them honest, house speaker and others have been trying to play down the fact that president obama and others got a significant boost from voters. in politics there is the temptation from those who win office to think that they have a mandate to do what they will. they re-elected the house republicans. so whether people intended or not, we have divided government. >> the american people made clear that there is no mandate for raising tax rates. >> keeping them honest. president obama campaigned and won. so his victory throws cold water on that claim. democrats gained seats in the senate and on the house. more than two in three peo
with the president who wants to let taxes go up on income on more than $250,000 a year. if mr. obama and the democrats get their way, doing a deal to raise those rates where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president's policy. that's for you to decide. congressman cole happens to disagree strongly, but at the same time he recognizes the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than $250,000. we should take them out of this discussion right now and continue to fight against any rate increases. continue to try to work honestly for a much bigger deal. >> congressman cole who will join us shortly is a rock rib republican, and is no longer a lone voice in the wilderness. i'm quoting now, the fact is that republicans face a new political reality on taxes. president obama's re-election means that taxes for upper income earners are going up one
. >> reporter: taxes are still the main sticking point. while president obama wants tax cuts to expire for the most wealthy americans, most americans don't. one told his gop colleagues to sign off on the middle class tax cut extension. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs 5, washington. >>> it was too toxic for clothing but not too dangerous for furniture. >> but chemicals in our furniture and our baby products, the epa does not have the authority to regulate them and they end up in our bodies. >> how a california law is contributing to the problem. >>> a 3,000-mile tribute to a life lost much too young. the message friends want people hear as they run coast to coast. ,, now, you're probably sittinn a pound of toxic chemicals.5 consumerwatch reporter julie watts explains one of those >>> if you are sitting on/co
) of course, obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. (laughter) it's like he's totally disregarding my dismissive finger quotes. what part of this don't you understand president "o" bama. (laughter) here's what's really scaring me, folks. republicans might let him do it, even though every remember in congress has signed the new taxes pledge created by the president of americans for tax reform, grover norquist. (thunder clashes) the two most terrifying words a republican can hear other than "buenos dias." (laughter and applause) but now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- oh, what's his name? (laughter) i got it, don't help me, don't help me. rip flambe. (laughter) no, no, that's my personal train trainer. (laughter) no, the point is conservatives are jumping ship. >> i want to buy down debt and cut rates that create jobs but i will violate the pledge, long story short, for the good of the country. >> i'm not obligated on the pledge. the only thing i'm ho
leadership has said he now agrees with president obama on taxes. >> we agree with the president on that. >> congressman cole said he thinks the house of representatives should simply pass the bill that has passed the senate, preserving the current tax rates for all except those in the top brackets, which would revert to the clinton tax rates. the current rates are expected to expire on new year's eve, all of them, and congressman cole has decided it's time to face reality. >> these tax rates are going up automatically unless congress acts. to save as many of them as possible. >> the newest republican defector from grover norquist's pledge has instantly become as good a sales man for higher top tax rates as any democrat. >> right now, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody's. even the wealthiest americans would still get a tax cut on the first $250,000 of their income. it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congre
reality on taxes. president obama's re-election means that taxes for upper income earners are going up one way or another. the question, how republicans should handle this reality. congressman cole and a number of other con serbives believe they should give this one to the president, not because they want to, but because they have to. republican leaders, though, they disagree. >> i told tom earlier in our conference meeting i disagreed with him. it will hurt small businesses, hurt our economy. it's why it's not the right approach. >> now, you can agree or disagree with that position. however, keeping them honest, house speaker john boehner and other top republicans trying to justify it in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think they have a mandate to do what they will. >> i don't think so because they also re-elected the house republicans. so whether people intended or not, we've got a divided government. >> the american people have also made clear
' position is they want to raise taxes in this, and they want to have a tax deal. if you take president obama's tax increases, $82 billion a year. that doesn't even run -- that barely runs the post office for a year, much less the federal government. so there's not enough money there. you have to deal with into it with elements if you ever want to get this under control. simon keeps saying that the democrats are not intransgem. this is a letter signed by 33 senate democrats saying no changes to social security at all, ever, under any deal. megyn: even future. >> future. and year-end future. the democrats are absolutely intransigent on entitlements, this is what they're secretly saying to their supporters, and that's why they're going to go off the cliff. megyn: simon raises points about the president's budget and proposed spending cuts, but we have not had a budget out of the democrat-controlled senate in more than three years now. he wasn't able to get a vote -- >> i bet the democrats vote that one down too, like the last one. megyn: we'll see what happens. we're only in december. thanks, gu
point. while president obama wants tax cuts to expire for the wealthiest americans, most republicans don't. behind closed doors wednesday, oklahoma's tom cole told his gop colleagues they should sign off on the middle class cut extensions. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs news, washington. >>> even though it's too late to cash in on tonight's powerball jackpot, when california might get into the game. >> the fallout at apple from the misfire on maps. ,, ,,,,,,,,,,,,,, tonight, after making her 1- million dollars richer! ye] nguyen claimed h >>> a milpitas woman is thanking her brother tonight after making her $14 million richer. she claimed her super lotto jackpot prize today but it was her brother who bought the winning ticket in september when she couldn't get to the store. so now she is planning to share her
it. host: lead story in the wall street journalism, president obama's signal he wouldn't insist tax rates on upper income americans rise as part of a deficit reduction deal. so a new flexibility as he tries to accelerate talks with republic conditions. new clirity of the white house position marks a potentially important moment to figure out how to handle tax rates that are due to snap higher next year. one of the thorniest elements of the so-called fiscal cliff. host: that's the lead story this morning in the "wall street journal." marisa is a democrat in montana. marisa, good morning to you. the g.o.p. says address the spending problem. what do you think? caller: oh, thank you so much for taking my call. i'm so grateful and so grateful for c-span. let's never forget the dark days of the bush administration when dan rather got fired and no one would talk about anything. this open dialogue, which does lead to solution of problems. i'm so grateful, thank you c-span. i would like to say that i can remember at the very beginning of the bush administration when those democratic congress
the crisis sooner rather than later. >> should the rich just pay more? i'll ask former officials in the obama office. plus, raising taxes. >>> and tavis smiley, he is on a crusade. >> you can't have 1% of the people who own and control more wealth than the other 99% of the population. >> this is "piers morgan tonight." good evening, our big story tonight is really big, $550 million worth of money, powerball. you probably heard your odds of winning are one in 175 million, 223,000, 500 million in ten. and you are more likely to be crushed by a vending machine as you shake loose a candy bar. the odds of that, more than just 112 million. and many people, most of my staff included have bought tickets by the bucketload tonight. joining me now, this could be the quickest way to ruining your life. dave ramsey, the host of "the dave ramsey show" welcome. >> thank you piers, good to be with you. >> on the face of it. a good bit of fun everybody can hope and dream, what is wrong with that? >> well, the problem is several things. one is false hope, because as you said in your open analysis, you are more
on them or their friends. some how the g.o.p. has managed to do it president obama's proposed tax increase on the wealthiest 2% of americans would affect 4 million households. they're predominately in areas like south florida major cities like new york, francisco and los angeles, all traditionally democratic enclaves. those who are won't pay the taxes oppose them, and those who will support it. here with me, robert reich at u uc berkeley's goldman school of policies. is this politics that goes back to what is the matter with kansas book a few years back. they would really not be affected by the tax increase that they want us to go through. >> it is one of the great ironies. it has to do with the big lie. if you tell the big lie over and over again people start believing it. and one of the lies that republicans have been telling for year is the lie of trickle down economics. the wealthy are job creators. if you tax them you'll have fewer jobs, fewer--less income over all. it's obviously a lie. it has proven to be a lie. if you tell it again over and over again at least enough people begin
to eveningnd la. we are told that maybe we will go back to the clinton era taxes. now obama says it would be less than that, and that was at 39%. it is not even in the same ballpark. what did you not like about the clinton era, the pace or the prosperity and i look like a human anvil. >> so you want to go back to the clinton -- >> what was wrong with that? >> i would say let's go to the clinton era of spending. the last clinton budget was $1.7 or $3.8 trillion. i am not that good at math, but that is almost double. how do you like them apples, bill some. >> who took those apples and made us heavily in debt? >> ending big government as we know it, that's not going to happen under obama. he will get the taxes and go right on spending, bill. >> i don't know. he said he wouldn't. >> let's not gang up on bill. she turned christmas cheer into a cruel jeer. a louisiana woman rigged her lights to look like a middle finger. apparently a mess seeming to her neighbors over some dispute. probably a recipe or something. cops told sara henderson that the display was involved in obscenity laws. but then
of getting the fiscal cliff deal done before everyone's taxes go up. >> consolation lunch? president obama visits mitt romney to the white house today and everyone is buzzing about it. could obama offer him a job? >> congratulations to someone. you just won the gdp of a small nation. not just one but two winning tickets in last night's record powerball drawing. we'll tell you where. >> and if they will be my best friend soon. we have a packed show. john ba, rasso, adam shif, rick warren, tom cole, connie and mary bono mack and steven holcomb. >> we have so many people coming up. it is thursday, november 2. "starting point" begins right now. >>> good morning, everyone. our starting point this morning, developments happening now in cairo. the u.s. embassy there is closed. no one is being allowed in or out as we speak. >> embassy officials say protesters are blocking the entrance and clashes are happening near nearby. reza sayah is nearby for us. what's happening? >> reporter: there is no indication protesters are targeting the u.s. em wibassy b it was closed as a precaution. these are protes
. president obama with a big kind of pep rally at the white house to push those tax cuts for the middle class and republicans on capitol hill saying no, no, no, we hate the middle class. come on. let's give tax cuts to the rich! the millionaires and the billionaires, to the koch brothers and donald trump. we'll bring you up to date and give you a chance to sound off on the issues which i know you can't wait to do. you can do it by giving us a call at 1-866-55-press. you can join the conversation on twitter at bpshow on facebook, facebook.com/billpressshow. and if you really want to get into it with your fellow "full court pressers," go into the chat room. try it out. it is a lot of fun. go to current.com and click on the chat room and you are in! here we are. lucky day. thursday november 29 for somebody. >> it wasn't that lucky. you're still here. peter ogborn and dan henning good morning guys. leading team press with phil backert and cyprian bowlding. cyprian and i had our powerball tickets. we were ready, we were
lack of business integrity." tomorrow, president obama will send his top negotiators to meet tith congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called the fiscal cliff. our coverage starts on the white house lawn tonight with major garrett. major. >> reporter: scott, the saesident said for the first time, there is a two-step process to averting the fiscal cliff. republicans must act now to prevent a tax increase for households earning less than $250,000. do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is lets keep middle class taxes low. that's what our economy needs. that's what the american peopl
a year, enough to run the government for ve days. as president obama pushes for tax hikes on wealthier americans, he might look to britain to see the effect it has. it's not revenues. it's surprisingly less. after the labour par, that is, there, pushed for the top tax rate to 50%, 5-0, the richest ft. two-thirds left to avoid paying the new tax. it also stopped people coming to and investing in britain. there's a lesson for you. turns out the proof is in the pudding realizing the errors of the way, the government is cutting the top rate to 45%. more to ce like should washington sub di size wind energy? more on the fiscal cliff as americans on all levels have to prepare to take the tax hit. hope it doesn't, but i'm going to break it down next. ♪ gerri: i always like to give you the straight poop on everything, and, today, i'm concerned about the fiscal cliff. in the past two days, two very well-connected professional money managers have spoken to me about their trepidation their clients have about the expiration of the bush tax cuts and the cut backs on spending. money is worried, con
with us. thanks for watching. president obama is selling his economic agenda and using all the right tools. the president was surrounded today by middle class taxpayers at the white house as he pushed for an extension of the tax cuts for income below $250,000. he was quick to highlight the break in the ranks with the republicans. >> i am glad to see, if you've been reading the papers lately, that more and more republicans in congress, seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> president obama isn't talking about some moderate republican or some blue dog democrat, he is talking about conservative republican oklahoma congressman, tom cole. cole is the first republican to openly call for agreeing to middle class tax cuts. >> we all agree that we are not going to raise taxes on people that make less than $250,000. we should just take them out of this discussion right now. continue to fight against any rate increases, continue to try to work
payment to get to a longer-range solution on entitlements and tax reform? >> there are a lot of options on the table, including that one. >> mr. speaker, before the election, you were asked whether if it obama won taxes would have to go up. and you sounded like you opposed that. now you're acknowledging that they will. >> the day after the election, i came here and made it clear that republicans would put revenue on the table. as a way to begin to move the process to get this resolved. >> right. so my question is, what message do you have for people who look at the negotiating division, and believe that it's inevitable that you'll have to accept some compromise on tax rates? >> the revenue is on the table. but revenue was only on the table if there were serious spending cuts as part of this agreement. it has to be part of the agreement. we have a debt crisis. we're spending too much. and while we're willing to put revenue on the table, we have to recognize, it's the spending that's out of control. >> mr. speaker. roughly what size spending cuts do you think it would take to reach a deal
of barack obama? >> keeps taxes in the discussion, so it helps. >> you are a skeptic that there would be a deal. >> why would i be a skeptic? >> you believe we will gooff o the cliff. >> i do. i want to see the speaker put something on the floor that does not get the majority. >> i will make the prediction he will go there without knowing he had the majority. i have sources who claim this. shame wless plug. >> christmas, remember the folks in new jersey and new york. >> i have to go with my washington redskins. big game monday night, new york giants. wild card. >> lose record wild card? >> i know you're excited about facial hair being all the rage these days, but this is the last day of november. men's health issue prostate and tess ti testicular cancer. >>> that's it for the daily rundown. we'll see you back here tomorrow. coming up next, chris jansing. te of year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i
& company" got right. the obama team wants to raise tax now, promises of entitlement reform later and ignore the debt. that's the fiscal cliff deal of the day and the market likes it and the numbers are 5, 16, 22, 23, 29, and the powerball is 6. you lost. the government won. "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, . . >> . stuart: it's a modern day tea party. it's a revolt led by corporations. the wall street journal reports 173 companies announced they'll pay special dividends for shareholders before the end of the year because a big tax increase on dividends could be coming next year and many companies moving up regular dividends to save their taxpayers, to save taxpayers a lot of money. start with disney. it's raising its dividend and paying it out on december 28th. that's 1.3 billion dollars paid out in total, paid out under the current tax rate. and las vegas sands paying a special dividend, that's a o
with president obama to move forward in preserving the tax rates for the middle-class. as the chairman just said, for everyone, including warren buffett, ross perot -- they would get tax relief for the first $250,000 of their income as well. you hear some republicans collin this pledge handcuffs that keep them from moving forward. we would hope in the short periodically have before december 31, we would not let a pledge to a special interest supersede the pledge of allegiance to make to our country. finally, once again, the american people are way ahead of the politicians. the american people by two- thirds agree with president obama that we must have a balanced approach to solving deficit issues and moving toward economic growth and job creation. two-thirds. if they were a vote by the american public today, there would be a landslide in favor of providing for the 2% wealthiest americans to pay a little more in taxes to help them get to the point of a balanced approach. a landslide victory. including republicans in america who agree with that. there is no reason to delay. we think we can move fo
of automatic spending cuts and tax increases could take effect january 1st. democrats moved by president obama and congressional republicans signaled they are willing to compromise on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax cuts for the middle class. >> it's too important for washington to screw this up. >> reporter: president obama is putting pressure on congressional republicans and he's enlisting middle class americans in getting the gop to take action on taxes. >> when the american people speak loudly enough, lo and behold congress listens. >> reporter: tomorrow he'll host a campaign style event where he calls on lawmakers to extend the tax rates on f
was only $9 trillion. nowadays we're looking at $16.3 trillion. thanks to the tax and spend agenda of president obama there's no end in sight. if he's serious about tackling the debt, he'd be talking about reining in spending, but he's hell-bent on one thing, raising your taxes. by the way, don't dare thing for one minute, or believe the hype, that this is only going to affect the so-called rich. this white house is willing to put any and all tax breaks on the table, including letting the payroll tax cut expire. that would move would affect all americans. watch this. >> there are many tax provisions that are expiring at the end of the year, and the president has said that the payroll tax cut, among others, should be on the table. you look at a permanent extension of the middle class tax cuts, the economic effects are different. >> sean: if the payroll tax cut is on the chopping block, nothing is safe. all americans, regardless of how much money you make, you'll be affected. joining us to give us the republicans' view on some of the things, somebody made headlines recently when he a
. again, president obama said he's going to raise taxes by $75 billion. the deficit is large. where's the rest of his plan? he has to show us his plan. house members would like to extend all current tax rates permanently. that brings certainly the to the economy. get a subsequent bill for the sequestration. work with president obama in a good faith effort to get pro growth tax reform. that would work. we've got the ryan budget that spends $7 trillion less than the president's budget. that would restore the confidence that the economy needs. >> greta: senator, thank you. >> thank you. >> greta: with time running out, you would think that president obama would call the house and senate leaders and ask them to the oval office, but apparently something is wrong with the white house phones. he's trying to outsource the job to you. take a look. >> i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. call your members of congress, write them an email, post it on their facebook walls. you can tweet it using
is reached -- tax increases and effect. president obama says the people need to be part of the fiscal cliff debate. and today, he's taking his message on the road. >> i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> but republican lawmakers, question the president's decision to leave washington. >> in other words rather than sitting down with lawmakers of both parties and working out an agreement he is back on the campaign trail presumably with the same old talking points that we are all quite familiar with. >> mister obama assured the public he is doing his part. also sitting down with the c-e-o's and labor >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families and american businesses have some year. >> house speaker john boehner -- also remaining positive. >> republicans are committed t0continuing to work with the president to come to an agreement to avert the so- called fiscal cliff, it's one reaso
backwards not forward. if president obama is talking about taxing the wealthy. it doesn't get you there. the math doesn't add up. i doesn't get you out of the hole. but if they get that on december 22 and all he get he is has a seriouscliff on his hands. >> i want to play this. question to nancy pelosi. the minority leader in the house about spending cuts and what she is willing to do. >> the thing on the spending cuts -- the definite -- [ inaudible ] >> $1.5 trillion in cuts is a lot of money. we in washington, d.c. and we get used to big numbers but $1.5 trillion in cuts you go beyond that, you are talking hurting the growth of the infrastructure and education of our people and the pillar, the pillars of our economic strength. >> bret: that is a message, steve, we cut enough. yesterday, i should point out that senator reid meant to say $1 trillion. not one $1 billion on the sound bite we played to be fair to him. but nancy pelosi is clearly saying we're done. >> you see this in the comments that the democratic members of the house made to the public. big argue in politico, not refrenc
's taxes are scheduled to go up. and unless we fix that, paradoxically president obama becomes the defender of the bush tax cut for 98% of the people and he is he no such thing. >> bottom line is both sides are still laying out the same ideas they have been doing for weeks now. today irskin bowls one of the key budget experts says he believes there is a two thirds chance that he wool go off the fiscal cliff. that's not too optimistic tonight, shep. >> shepard: not at all. ed henry live on the north lawn. the president is sending one of his top negotiators to capitol hill tomorrow to meet with congressional leaders from both parties. mike emanuel is live for that part. is he live on the hill tonight. what's the latest on the talks. >> there is always hope for tomorrow that's when treasury secretary tim geithner come up here to capitol hill to have individual meetings with the top four lawmakers. one of them nancy pelosi, the house democratic leader who was asked earlier today about spending cuts. >> i think it's important to note that we have already agreed to over a trillion and a half doll
will be on the capitol hill. president obama travels to philadelphia friday to push for an extension of tax cuts for washington families. >> still today, really would. in renewed hopes about am the dows. the -- president obama plans to host this former rival. during this election, victory speech, um remember that the president said to look forward to talking with romney about how the two men can work together. >>> a lot of hopefuls in 42 states have less than an hour to get in on the record paul ball jackpot. injuries dreaming of the potential pay off. $550 million. that's more than half a billion dollars. now the odds of correctly matching the numbers are 1/175 million. california does not participate in the power ball lottery. >>> but for a good cause, the 90-year-old says she'll go on a date with the highest birder on an online auction benefits the fca. she's best known for her role. if it's a dramatic rescue effort that's yet to play out. the extreme lengths one bay area military group is going to save a sailor in desstress. you can call and a next week break in the stormy weather. chief met
in the top 2% tax rate. --wasn't ended the year deal it was an end-of-the-year deal. the obama administration was looking for the stimulus measure. they thought it would be hard for republicans to oppose a tax cuts. host: the money rigidly was going where -- the money originally was going where? guest: going to the social security trust >> we take you live now to the u.s. capitol and house speaker john boehner. >> the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. momings of his own party seem quite comfortable on sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today i would say two things. first, despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on t
for the republicans. in the "wall street journal" they write obama's flexible on highest tax rates. white house's flexibility, described by bowls, confirmed by the administration officials, could envision tax rates -- tax rate increase from the current level but was less than clinton era levels. if the republicans can say, we cut taxes from where they were under clinton it gives them cover though rates may go up. a weird, if there is an act of kabuki theater that would be it, right. >> i see a parallel between the two news story the palestinian vote and the congressional stuff because boehner's -- >> be careful here, my friend, please. >> let me do my caveats first. i still have a job when i walk out of the studio. i sort of see a boehner in the role of a boss here. you know he has got, you know, he's got still a very hard core group of people on right who are not still -- still not terribly afraid and are not taking lessons out of election so he really does have a fundamental concern about how he's going to put together a coalition to do this. and i really do think, for all joking aside, this
president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for secretary of state. susan collins says she will not back rice for the job, until more questions on the attack on the u.s. consulate in libya are answered. collins said if president obama nominates senator john kerry instead, he would have no trouble winning confirmation. >>> and breaking news out of new york. lindsay lohan has been
tom cole who broke ranks with republicans by embracing president obama's plan to raise taxes on the wealthy stuck to his guns this morning. >> if we can give the american people an early christmas present, if they can listen to the debate instead of be worried that their own taxes are going to go up, i think that actually strengthens our hand. i haven't changed my mind. i'm not going to come out here and be disingenuous to people. i think it would be a step in the right direction. >> today john boehner expressed disappointment at where the negotiations stand. as our first read team points out, by siding with the white house tom cole may be helping boehner get the deal he wants. joining me now, political editor mark murray. why do you think tom cole has strengthened the speaker's position, negotiating position he goes in with? >> it has given john boehner some cover. you now have a conservativconse albeit establishment member of the house republican party who is essentially going to the left of john boehner. of course, john boehner has basically said, look, i disagree with tom
billions and billions of pounds a revenue if obama is going to increase the top rate tax year in the united states nearly 40 percent you're going to see a similar effect, capital flowing out of the country, declining revenues. so this is hardly the best solution to deal with the debt situation. in fact committee will be increasing america's debt as a result of this. gerri: and also possibly tipping isn't a recession. last word to you. what will be the republicans' response to this? >> you already heard the speaker said this was not a serious response because it's not. where your to solve the problems of the american people, willing to put revenue on the table because we heard the message that the americans want compromise. all we're waiting for is for the administration to give a serious proposal about spending reductions. he still waiting in not happy. gerri: thank you for coming on tonight. great conversation. appreciate your time. a lot more still to come, including a new report out on unemployment benefits offering pros and cons to expanding the entitlement program. i'll give you my tak
that obama and the democrats have no plans, no intention of reform, they're just talking about tax increases. when that is obvious then the balance of power in what is going on in d.c. ships. what i have argue for a couple days is that the negotiations need to be in front of c-span cameras because the white house -- the president is out there saying to mine working on this. lou: you're losing me. i need to understand what you're saying. sometimes i have limited comprehension. you're saying the balance of power shifts. the fact is the numbers will change only with the new congress. and if we wait until the new congress we have a balance of power that is not particularly helpful to the republicans and their position, therefore we have a fiscal clef, if you will, tax hikes, budget cuts that the incipient point is january 1st 2013, as you know. what stops this country from going into that situation? >> the danger is that obama overreaches mandate and misunderstands. four years ago he misread his mandate and he took a 70 percent approval rating and drove it down below 50 in a matter of months by
stock on concerns about the impending peril of the so-called fiscal cliff. president obama for his part seems utterly unimpressed by market volatility and the consequences of failure to resolve the issues of tax hikes and spending cuts that go into affect the first of the year. as the markets were falling in the first hour of trading this morning, house speaker john maynard stood up and offered support to investors and leaders for the market. stocks stabilized and then began climbing on the speaker's expression of optimism that a deal is within reach. we will take all of that up and more here toight with bedford open geyser ceoharvey eisen and republicans who have put tax revenue on the negotiating table , and some republicans have flat out repudiated their anti-tax increase pledge. the author of that pledge, grover norquist, here and we will ask him how it is that he came to be the villain in this piece, how it feels to be the subject of attacks from both the left and some on the right and what the future holds for those republicans who break their pledges to voters. also tonight, demo
including that one. >> mr. speaker, before the election you were asked whether if obama won, taxes would have to go up. you've made it sound like you would oppose that. now you've -- you're acknowledging that they will. >> the day after the election, i came here and made it clear that republicans would put revenue on the table. as a way to begin to move the process to get this resolved. >> right. so my question is, what -- what message do you have for people who look at the negotiating position and see that it's -- or believe that it's inevitable that you'll have to accept some compromise like the actual rates? >> revenue is on the table. but revenue was only on the table if there were serious spending cuts as part of this agreement. it has to be part of the agreement. we have a debt crisis. we're spending too much. and while we're willing to put revenue on the table, we have to recognize, it's the spending that's out of control. >> mr. speaker, roughly what size spending cuts do you think it would take to reach a deal on the fiscal cliff, and do you think that at least the promise of sp
: okay. so president obama is also saying that he wants to raise taxes on families earning more than $250,000, but that move would only generate about $85 billion a year. that is a drop in the bucket compared to the amount of u.s. debt. and that number is about what the federal government spends in just eight days. so if he gets what he wants everybody over 250,000 pays more it's going to cover eight and a half days of the government spending amount and some would say the government spending problem. art laugher joins me now. architect of reagan tphopl i raeug reagannomics. in washington they have a lot of work to do. the question is whether or not the tax issue, whether or not the president has flexibility on that. whether we go back to the 39% or whether it would be less than that. are you seeing any light in that discussion? >> if he's willing to negotiate about the highest rates i take that as a wonderful, wonderful sign. you know, first place, even if they raise the rates they are never going to get the money. these people know how to get around paying taxes. they hire lawyers, acco
Search Results 0 to 49 of about 109 (some duplicates have been removed)

Terms of Use (10 Mar 2001)